By Gerard Wynn LONDON | Mon Oct 11, 2010 12:35pm EDT
(Reuters) – Anglo-Dutch oil company Royal Dutch Shell (RDSa.L) opposed tougher European Union carbon emissions targets, as proposed by some EU countries, the company’s head of carbon dioxide (CO2) said.
A unilateral EU move to tighten its carbon caps before other countries followed suit would entail “very real business risks,” Graeme Sweeney told Reuters on Monday.
An EU draft document said in April a 30 percent target would be “technically feasible and economically affordable,” especially after recession had cut EU industrial carbon emissions. read more
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